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| Author: | Dumaine, B. |
| Title: | Corporate performance A CEO bake-off at Pillsbury |
| Journal: | Fortune
1987 : NOV.23, No.25, p.93-94, 98 |
| Index terms: | CHIEF EXECUTIVE OFFICERS USA CORPORATE PLANNING |
| Language: | eng |
| Abstract: | Profiles of William Spoor former CEO of Pillsbury, the chain restaurant firm, and the present CEO Jack Stafford. The inability to turn round the ailing restaurant chain and decision to recall Spoor, who remained a director after retiring. Security analysts advice to sell off loss making branches and more attractive stock. Need to build solid management team. The expectation that Spoor will take charge in the power struggle at the top. A graph gives drop in profits and a box: earnings multiple. |
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